Global Cataract Surgical Devices Market 2018-2023 - IOLs are the Most Popular Product Type - ResearchAndMarkets.com
According to the report, the global cataract surgical devices market reached a value of US$ 6.8 Billion in 2017. Owing to the below factors, the market expected to reach a value of US$ 8.5 Billion by 2023, exhibiting a CAGR of 3.8%.
The market is driven by an increase in the prevalence of cataract along with technological developments in the field of ophthalmology. Additionally, rise in the geriatric population worldwide is boosting the demand for cataract surgical devices.
On the other hand, the high cost associated with the cataract surgeries is likely to restrain the market growth in the developing regions such as India, China, Brazil, and South Africa. However, governments of many countries are now coming up with health schemes and programmes to reduce the burden of cataract-related diseases on the patients, which is further creating lucrative opportunities for the surgical devices manufacturers.
- The report has segmented the market on the basis of type including Intraocular Lenses (IOLs), femtosecond laser, Ophthalmic Viscoelastic Devices (OVDs), phacoemulsification equipment and others. Amongst these, IOLs represent the most popular product type.
- The report has further segregated the market on the basis of applications wherein hospitals accounts for the largest share, followed by eye care clinics, and eye treatment and surgical centres.
- On a regional basis, the report covers North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Currently, North America represents the largest region.
- Abbott Laboratories
- Hoya Corporation
- Carl Zeiss Meditec
- Alcon Laboratories Inc.
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
5 Global Cataract Surgical Devices Market
6 Market Breakup by Product Type
7 Market Breakup by End-Use
8 Market Breakup by Region
9 Cataract Surgical Devices Manufacturing Process
10 Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/vmblrn/global_cataract?w=4